and develop securities business related to investment management; “debt financing” shall include the issuance of debt instruments or conclusion of any transaction that would result in or is in substance

consideration that the true intention or the substance of the offer for sale of the debt securities constitutes an avoidance of the provisions of the Securities and Exchange Act or this Notification; (2) the

เงื่อนไขที่กำหนดไว้ในส่วนที่ 3 หรือมีข้อเท็จจริงซึ่งทำให้พิจารณาได้ว่าความมุ่งหมายหรือเนื้อหาสาระ (substance) ที่แท้จริงของการจัดตั้งกองทุนรวมนั้นเข้าลักษณะเป็นการหลีกเลี่ยงการปฏิบัติตามกฎหมายว่าด้วยหลัก

PUBLIC COMPANY LIMITED CITY SPORTS AND RECREATION PUBLIC COMPANY LIMITED CK POWER PUBLIC COMPANY LIMITED CMO PUBLIC COMPANY LIMITED COL PUBLIC COMPANY LIMITED COM7 PUBLIC COMPANY LIMITED COMANCHE

PUBLIC COMPANY LIMITED CITY SPORTS AND RECREATION PUBLIC COMPANY LIMITED CK POWER PUBLIC COMPANY LIMITED CMO PUBLIC COMPANY LIMITED COL PUBLIC COMPANY LIMITED COM7 PUBLIC COMPANY LIMITED COMANCHE

PUBLIC COMPANY LIMITED CITY SPORTS AND RECREATION PUBLIC COMPANY LIMITED CK POWER PUBLIC COMPANY LIMITED CMO PUBLIC COMPANY LIMITED COL PUBLIC COMPANY LIMITED COM7 PUBLIC COMPANY LIMITED COMANCHE

PUBLIC COMPANY LIMITED CITY SPORTS AND RECREATION PUBLIC COMPANY LIMITED CK POWER PUBLIC COMPANY LIMITED CMO PUBLIC COMPANY LIMITED COL PUBLIC COMPANY LIMITED COM7 PUBLIC COMPANY LIMITED COMANCHE

PUBLIC COMPANY LIMITED CITY SPORTS AND RECREATION PUBLIC COMPANY LIMITED CK POWER PUBLIC COMPANY LIMITED CMO PUBLIC COMPANY LIMITED COL PUBLIC COMPANY LIMITED COM7 PUBLIC COMPANY LIMITED COMANCHE

PUBLIC COMPANY LIMITED CITY SPORTS AND RECREATION PUBLIC COMPANY LIMITED CK POWER PUBLIC COMPANY LIMITED CMO PUBLIC COMPANY LIMITED COL PUBLIC COMPANY LIMITED COM7 PUBLIC COMPANY LIMITED COMANCHE

PUBLIC COMPANY LIMITED CITY SPORTS AND RECREATION PUBLIC COMPANY LIMITED CK POWER PUBLIC COMPANY LIMITED CMO PUBLIC COMPANY LIMITED COL PUBLIC COMPANY LIMITED COM7 PUBLIC COMPANY LIMITED COMANCHE